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Technology Stocks : Intel Strategy for Achieving Wealth and Off Topic -- Ignore unavailable to you. Want to Upgrade?

To: Sonny McWilliams who wrote (23697)	5/22/1999 3:13:00 PM
From: Sonki	Read Replies (1) \| Respond to of 27012

sonny, i m not concerned about Dell/pc etc. I invested in the mngmt not the PC buisness. A good mngmt would have foresight to make moves and be lean/mean thinking machine. i expect dell/aol will do well in 5 yrs. They both have seen torid growth and I am happy they are taking a breather. I get more nervous when stocks fly to sky and unjustifiable pe ratios run hi. i will keep my majort portfolio w. good mngmt & dont mind suffering. ----------- wcom may split soon? i guess ------------- mony flow is not important from day to day. I have seen lot of mony flow into ibm for many days. just cuz the stock is going down does not mean mony is flowing out. Quite the opposite. ------------------- America Online Inc (AOL) Yahoo Inc (YHOO) Shares in British Internet services company VirtualInternet.net Plc rocketed after it announced a partnership deal with YAHOO INC. The agreement allows VirtualInternet to promote their services, including domain name registration, web site hosting and electronic commerce applications, exclusively through the Yahoo! email service and on a number of Yahoo! Web site channels in the UK and France. VirtualInternet has similar partnerships with AMERICA ONLINE and CompuServe in Europe. (Reuters 04:54 AM ET 05/21/99) For the full text story, see full story -------------------------------------------------------------------------------- America Online Inc (AOL) Microsoft Corp (MSFT) Steve Case, AMERICA ONLINE INC's billionaire chairman, today called ''ridiculous'' suggestions that AOL plotted with the government to say when the Justice Department first learned of his $10 billion purchase of Netscape. Case was interviewed today in preparation for the next phase of the trial of the government's antitrust suit against MICROSOFT. Microsoft lawyers focused on AOL's purchase of Internet pioneer Netscape, which was publicly announced last November, after executives from both AOL and Netscape testified against Microsoft. Case, who was questioned by lawyers at a hotel in downtown Washington, has already said he doesn't expect to offer any new information relevant to the government's case against Microsoft. (AP) See full story ALSO: AOL president counters Microsoft defense, See full story -------------------------------------------------------------------------------- America Online Inc (AOL) Microsoft Corp (MSFT) While the number of Web media networks and Internet gateways are increasing, visitor numbers are shrinking as the sites divide up the same audience between more players, an analyst said of new April Internet traffic data. AMERICA ONLINE, the No. 1 network of sites, including its online services and stand-alone Web sites, dipped to 46.4 million visitors from 47 million in the previous month. Its overall audience reach was 71% of the total universe of Web users. MICROSOFT, the No. 2 most visited network, rose to 32.4 million from 31.9 million. (Reuters 08:47 PM ET 05/20/99) For the full text story, see full story -------------------------------------------------------------------------------- Compaq Computer (CPQ) China's Fujian Star Group said a joint venture with COMPAQ COMPUTER has been reorganized to focus on electronic commerce. The joint venture, which has registered capital of 15 million yuan ($1.8 million), is 51% controlled by Compaq, which acquired the stake when it bought Digital Equipment last year. The remaining 49% is held by Shanghai-listed Fujian Star, a maker of computer hardware and software. The venture had previously focused on PCs. The company would provide software services to take advantage of the growing use of the Internet in China, a Fujian Star official said. (Reuters 05:12 AM ET 05/21/99) For the full text story, see full story -------------------------------------------------------------------------------- MCI WorldCom Inc (WCOM) MCI WORLDCOM INC's chief executive told shareholders late Thursday the No. 2 U.S. long distance phone company is planning to get into the wireless phone business, even though it is not taking immediate steps in that direction. "I guess we do not feel that we need to be in wireless at this point in time strongly enough that we need to go out and do something that affects dilution," CEO Bernie Ebbers told 350 shareholders at the annual meeting. But he added, "That does not mean we intend to stay out of wireless." (Reuters 07:56 PM ET 05/20/99) For the full text story, see full story -------------------------------------------------------------------------------- MCI WorldCom Inc (WCOM) MCI WORLDCOM, intent on pursuing more deals in the fast-changing telecommunications industry, is doubling the number of shares it can issue. Prior to the company's annual meeting Thursday, senior executives said they are taking steps to increase the telecom company's financial flexibility. The company recently ended talks with NEXTEL COMMUNICATIONS, one of the country's biggest independent wireless carriers, because it would have meant the assumption of billions of dollars of debt. Many had believed that MCI WorldCom ended the talks over the issue of price and the impact the acquisition would have had on earnings. (Dow Jones) -------------------------------------------------------------------------------- MCI WorldCom Inc (WCOM) MCI WORLDCOM INC, which wants to break into the wireless phone business, has had merger talks with Australian carrier AAPT Ltd, a source close to MCI said. AAPT, which is the subject of a A$1.5 bln hostile bid from Cable & Wireless Optus Ltd, will shortly start the installation of a broadband wireless network using local multipoint distribution services (LMDS) technology. (Reuters 12:46 AM ET 05/21/99) For the full text story, see full story -------------------------------------------------------------------------------- MCI WorldCom Inc (WCOM) A U.S. Appeals Court Friday struck down a key regulation that determines how much long distance companies must pay local phone companies for completing their calls. The Federal Communications Commission in 1997 decided that the $20 billion or so of fees paid primarily to the regional bell companies and GTE CORP by long distance companies should decline by 6.5 percent per year. But the Court of Appeals for the District of Columbia said the agency had not provided an adequate explanation of how it reached the 6.5 percent figure. The court said it might be willing to temporarily set aside its ruling while the FCC reconsidered the rate, known as the X-factor. (Reuters 03:53 PM ET 05/21/99) For the full text story, see full story -------------------------------------------------------------------------------- Microsoft Corp (MSFT) DEUTSCHE TELEKOM plans to keep at least 25% of the cable television units it aims to spin off, media reports said on Friday. The company plans to break up the network into nine regional companies and sell stakes to investors that could include MICROSOFT and media company Bertelsmann AG. But the former monopoly phone company expects to remain a partner in the regional cable companies to keep its hands on future digital TV and high-speed Internet businesses, the Wall Street Journal reported. (Reuters 03:17 PM ET 05/21/99) For the full text story, see full story --------------------------------------------------------------------------------